Progressive Medical Overview
- Year Founded
-
1986
- Status
-
Acquired/Merged
- Employees
-
488
- Latest Deal Type
-
Div. Recap.
- Financing Rounds
-
4
- Investments
-
1
Progressive Medical General Information
Description
Provider of compensation pharmacy benefit and ancillary services. The company offers third-party billing capabilities, utilization management, evidence-based clinical programs, advanced clinical analytics, proactive government affairs and operational excellence. It coordinates care related claims through a network of more than 55,000 pharmacies across the United States, as well as more than 4,500 providers of ancillary services.
Contact Information
Website
www.progressive-medical.comCorporate Office
- 250 Progressive Way
- Westerville, OH 43082
- United States
Corporate Office
- 250 Progressive Way
- Westerville, OH 43082
- United States
Progressive Medical Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Progressive Medical Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Progressive Medical Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Progressive Medical Investments (1)
Progressive Medical’s most recent deal was a Buyout/LBO with Helios (Pharmacy Benefit Management). The deal was made on 22-Oct-2013.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Helios (Pharmacy Benefit Management) | 22-Oct-2013 | Buyout/LBO | Managed Care |
Progressive Medical Exits (1)
Progressive Medical’s most recent exit was on 22-Oct-2013 from Helios (Pharmacy Benefit Management). The exit was categorized as with 4 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Helios (Pharmacy Benefit Management) | 22-Oct-2013 | Completed |
|
Progressive Medical FAQs
-
When was Progressive Medical founded?
Progressive Medical was founded in 1986.
-
Where is Progressive Medical headquartered?
Progressive Medical is headquartered in Westerville, OH.
-
What is the size of Progressive Medical?
Progressive Medical has 488 total employees.
-
What industry is Progressive Medical in?
Progressive Medical’s primary industry is Other Commercial Services.
-
Is Progressive Medical a private or public company?
Progressive Medical is a Private company.
-
What is Progressive Medical’s current revenue?
The current revenue for Progressive Medical is .
-
How much funding has Progressive Medical raised over time?
Progressive Medical has raised $700M.
-
Who are Progressive Medical’s investors?
Fiserv and Stone Point Capital have invested in Progressive Medical.
-
When was Progressive Medical acquired?
Progressive Medical was acquired on 09-Jul-2014.
-
Who acquired Progressive Medical?
Progressive Medical was acquired by Helios (Pharmacy Benefit Management).
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process
